We did offer to help. He ignored several of the IPO's communications (can't speak for all). He was offered a dev/launch team with experience, a pool network, a mining farm, the list goes on. He kept ignoring all "legitimate and sane" offers of help, and chose people with hardly any experience and/or marked as "newbies".

Less than a day before launch he decided to change the algo to the coin. This was against the advice of several IPOs, and for good reason. He was instructed that if he feels the algo change is necessary, he should merge it in down the road, not in the twighlight of his launch. As expected, this helped to ruin the launch. The algo change was due to the majority of non-IPO folks crying for the change (most of them not even aware of what they were asking). Rather than think through his change, he just went with majority voice.

He then announced a relaunch, and once again asked the community when it should be. Myself and others expressed the fact he shouldn't consider a launch window until the coin is fully working and has been fully tested. Ignoring this, he announced a window for less than 24 hours away, and that if the launch failed, he would return funds.

This 2nd launch occurred and was also a complete disaster. Throughout the night they've had several more failed launches.

As for legal action, yes we can take it, because he is filed as an LLC and has written contract between the IPOs that upon first failure to launch, he would return all funds. He then said it a second time. He is bound under VA statute by written agreement at this point in time. He even told me (and I believe, others) in email, to take legal action if he doesn't hold up his end of the stick.

This thread is to document those who want a refund. He was officially notified lastnight that he has today to return funds; after today, a claim will be filed in his LLC's city, and by the end of the week a Warrant will be on his doorstep (for court appearance). I know how these work, trust me.

Please keep the thread on topic.

Tonight? You guys know it's roughly an hour from dawn here on the east coast right? Lol.

Sounds like they need better friends.

There's your sign. You can't make this up. It's either assfoolery, or they're purposefully deceiving you guys.

Do they trade in launches? Because there have been several here.

In homeland, you no mine failcoin, failcoin mine you.

Aye, and I'm in the states no less.

Of that I have no doubt, totally agree. It's in the tubes at this point.

Just follow the IPO addresses.

Entrypoint for one investment: 14Q9B5wUibx43BygfZsBgRW9utqbfMKohC

Doesn't necessarily mean anything bad.

4 or 5 failures. Good luck.

Anyone following their IPO BTC? The money moved again at midnight.

Well, they do owe like 325 million coins to IPOs

So uh.. do I still sound crazy for calling them out? Or does it seem like they really are going bonkers.. cuz I'm counting 4 or 5 pushbacks so far.. lol

If only they'd listened to the IPOs who begged them to hold off on launch announcement until it was tested.. lol

No fear of that mate.

Anywhere from -1,000,000,000 to 1,000,000,000

I'm just shocked, never saw that coming. Really thought they had it this time.

ScryptN asics are already in the works. I say about 8 months according to the designers I've talked to. Some of them are the ones who have recently produced working Scrypt ASIC. It's only a matter of money.

I think most of the folks here are already asleep. I'm working in my office right now lol.